HomeMy WebLinkAbout0469 prior to entry of a judgment enforcing this Mortpge i!: (a) Borrower Payi Lender all sums which would be then due under
this Mortpge, the Note and aota securing Future Advances, if nay, had no acakration occurred; (b) Borrower cures $
all bracba of any other covenants or agresmentt of Borrower contained is this Mortpge; (c) Borrower pays all reasonable
expenses incurred by Lender in enforcing the covenagts and agreement: of Borrower contained .in this Mortpge and in
enforcing Lender': retrtedia as provided in paragraph 18 hereof, including. but act limited to. reasonable attorney'! tea;.and
(d) Borrower taken such actiat as Leader may reasonably require to assure that the lien of this Mortpp, Lender's interest. ~
in the Property gad Borrower's obliptioa to pay the sums secured by thle Mortgage shall continue unimpaired. Upon such
payment and cure by Borrower, this Mortgage and the obliptions secured hereby shall remain is full fora gad elfed as i[ +
no aecekratan had occurred.
28. Asdpstiertt of Rents. A~olatraetat of Receiver. As additional security hereunder, Borrower hereby assigns to
Lender the rents of the Property. provided that Borrower shall. prior to sooekration under paragraph 18 hereof or abandon-
ment of the Property. have the right to collect gad retain such rents ss they become due and payable. ,
Upon acakration under paragraph 18 hereof or abandonment of the Property. Lender shag be entitled to have a
receiver appointed by a court to enter upon. take possession of and nonage the Property and to collect the rents of the
Property, including those past due. All rents collected by the receiver shall be applied first to payment of the costs of
management of the Property gad collection of rents, including. but not limited to, receiver's fen, premiums on receiver
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bonds gad reasonable attoraey~s fen, and then to the sums secured by this Mortgage. 'fLe receiver :ball be liable to account
only [or those rents actually received.
21. !t~Yrtare Ad~asicea. Upon request by Borrower. Leader. at Lender's option within twenty years from the date o[ this
Mortpge, may make Future Advanoea to Borrower. Such. Future Advances, with interest thereon, .shall be secured by this
Mortpge when evidenced by promissory notes stating that said notes an secured hereby. At no time shall the principal
amount of the indebtedness secured by this Mortgage, not including sums advanced in aooordanoe herewith to protect the
security of this Mortgage. exceed the original amount of the Note plus USS.r----rr-:~T-=--~zM-~r~r+~r
Rtlea~e. Upgn payment of all sums secured by this Mortgage. Lender shall release this Mortgage without charge
to Borrower. Borrower shall pay all coats of recordation, if nay.
23. Attorsey's Rees. As used in this Mortgage and in the Note. "attorney's foes" shall include attorney's fees, if nay.
which may be awarded by an appellate court.
IN WITNESS WHEREOF, Borrower has executed this Mortgage.
Signed. sealed and delivered
in the presence of:
: ~.•..~aw!~ (Seal)
hatuta Arcari -aO'^°~""
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STATE OF F~a~ ~I~ ~i~(~l
I hereby certify that on this day, before me, an o8'ioer duly authorized is the state aforesaid and in the county
aforesaid to take acknowledgements, personally appeared.John. Leads .Areszi .and. J~haaaa. Arres>`i,... .
-his wifQ to me known to be the person(s) described in and who executed the
foregoing instrument and acknowledged before tree that..they........executed the same for the`purpose therein
~ expressed.
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WITNESS my hand and•o~cial•seal in the county and state aforesaid tbia..........lltb..........day of
. September...,.. 19..80. .
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My Comri~iis~ion,~xpties: .~~~7k~~~ ~ !~G~~L .
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tz; o o - wbr,? n~s~ sew. of t~orwt • .
- _ t~ [trot. Mr cot~.i~
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~ ~ Motd~ 7. 1912
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(Sr+~ Btlow This tint Rtstrvtd For lsndtr and RttordtQ
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ST.Lt1ClE. C0l'1r1Y.f t A.
ROrLR POITRAS
' CLCRK CIRCUIT CCL'~ - t
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